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Oct 8, 2012
10/12
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cbs money watch time. california drivers get a break from high gas prices and a warning from lawmakers about two chinese tech firms. >> reporter: relief may be days away for cal drivers suffering through the highest gasoline prices in the nation. the average price of a gallon of regular is $4.66. the surge is blamed on refinery and pipeline price. prices are expected to come down soon since governor jerry brown ordered less expensive winter gasoline to be sold three weeks earlier than usual. overseas markets of lower after the world bank cut its growth forecast for asia. hang seng lost 1%. the nikkei is closed for a holiday. investors are braced for what is expected to be a disappointing round of quarterly earning reports this week starting tomorrow. first up alcoa a key component of the dow jones industrial average. for the week the dow ended 173 points higher while the nasdaq added nearly 20 points. the how intelligence committee is expected to release a report this morning that says two of china's leadi
cbs money watch time. california drivers get a break from high gas prices and a warning from lawmakers about two chinese tech firms. >> reporter: relief may be days away for cal drivers suffering through the highest gasoline prices in the nation. the average price of a gallon of regular is $4.66. the surge is blamed on refinery and pipeline price. prices are expected to come down soon since governor jerry brown ordered less expensive winter gasoline to be sold three weeks earlier than...
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Oct 11, 2012
10/12
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cbs moneywatch. spain's credit rating gets slashed and the end of the line for coca-cola's returnable glass bottles. >> reporter: good morning. standard & poor the credit rating agency cut its rating on spain's debt to the lowest investment grade status. spain's debt crisis has triggered social unrest and driven unemployment to almost 25%. s&p warns banks could be downgraded further if economic conditions continue to erode. the news about spain sent most asian stocks downward. tokyo's nikkei dipped half of a percent while the hang seng added a quarter percent. wall street stocks were lower. the dow lost 128 point on wednesd wednesday, the sharpest decline since june. nasdaq was down 13 points. the housing market continues its recovery. realtytrac says the number of foreclosures dropped to a five year low. there were more than 180,000 filings in september the second consecutive monthly deplain. the department of energy expect temperatures to be normal this winter and that means higher heating cost. la
cbs moneywatch. spain's credit rating gets slashed and the end of the line for coca-cola's returnable glass bottles. >> reporter: good morning. standard & poor the credit rating agency cut its rating on spain's debt to the lowest investment grade status. spain's debt crisis has triggered social unrest and driven unemployment to almost 25%. s&p warns banks could be downgraded further if economic conditions continue to erode. the news about spain sent most asian stocks downward....
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Oct 10, 2012
10/12
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cbs moneywatch now. toyota issues its largest recall since 2010, and a peek at the luxury gifts in the neiman marcus catalog. >> reporter: concerns about corporate earns sent overseas markets down. tokyo's nikkei dropped 2% to a two month losing close while the hang seng lost a fraction. toyia says it's recalling 7 1/2 million vehicles worldwide including more than 2 million in north america. the carmaker says there is a problem with the power window switch on more than a dozen different models. no crashes or injuries have been reported related to the problem. earning season on wall street is under way with alcoa reporting its third quarter result. the aluminum maker beat analysts estimates but still recorded a loss. alcoa cited china's economic slow down as a reason for lowering its estimate for aluminum products for the rest the year. alcoa released its report after the market closed. the dow lost 110 points while the nasdaq was down 47. just in time for the holidays, walmart will begin tasting a same
cbs moneywatch now. toyota issues its largest recall since 2010, and a peek at the luxury gifts in the neiman marcus catalog. >> reporter: concerns about corporate earns sent overseas markets down. tokyo's nikkei dropped 2% to a two month losing close while the hang seng lost a fraction. toyia says it's recalling 7 1/2 million vehicles worldwide including more than 2 million in north america. the carmaker says there is a problem with the power window switch on more than a dozen different...
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Oct 12, 2012
10/12
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traffic is going to be a mess. >>> cbs moneywatch time now on a friday. two giants try to make a connection. good morning. >> reporter: asian markets were mixed following more worries about weak corporate earnings. tokyo's nikkei shed a fraction. hang seng added half of a percent. the labor department reported the number of people filing new claims for unemployment declined to the lowest level in 4 1/2 years but the news did little to move the stock market. the dow lost 18 points on thursday. the nasdaq was off two points. a japanese cell phone company wants to buy 70% of struggling sprint-nextel corporation. sprint is the third largest cell phone company in the u.s. it continues to lose high paying subscribers to verizon and at&t. it is valued at about $13 billion. the price of corn jumped 5% on the commodities market and ill mean higher prices for meats and other products that contain corn. throughout damaged corn for december delivery finished at $7.73 a bushel on thursday. the agriculture department expects the harvest will be the smallest in six year
traffic is going to be a mess. >>> cbs moneywatch time now on a friday. two giants try to make a connection. good morning. >> reporter: asian markets were mixed following more worries about weak corporate earnings. tokyo's nikkei shed a fraction. hang seng added half of a percent. the labor department reported the number of people filing new claims for unemployment declined to the lowest level in 4 1/2 years but the news did little to move the stock market. the dow lost 18 points...
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Oct 10, 2012
10/12
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teresa garcia, cbs news. >> there is now congressional pressure to get more oversight. lawmakers from both parties and in both houses of congress are calling for briefings to investigate titler drug safety regulations. >>> 4:37 now. here's a look at some of the other stories making news this morning. should race be considered when it comes to college admissions? the supreme court is going to hear a case that is posing that question. they're doing that starting today. we'll have more on the fisher vs. university of texas case later today on 9news starting at 5:00 p.m. >>> new york city lawmakers are considering setting new rules for the police department's stop and frisk practice. under the practice, police can stop someone if the officer has reasonable suspicion that person might break the law. mayor michael bloomberg defends the program saying it's an anticrime tool but critics say it apartments to racial profiling of the more than 640,000 stops made in 2011, roughly nine out of ten involved young blacks or hispanics. only 12% of the stop and frisks resulted in arrest.
teresa garcia, cbs news. >> there is now congressional pressure to get more oversight. lawmakers from both parties and in both houses of congress are calling for briefings to investigate titler drug safety regulations. >>> 4:37 now. here's a look at some of the other stories making news this morning. should race be considered when it comes to college admissions? the supreme court is going to hear a case that is posing that question. they're doing that starting today. we'll have...
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Oct 8, 2012
10/12
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welcome to cbs "this morning." with just a month to go until election day a new poll shows the presidential race is tied. >> could ambassador chris stevens murder be prevented. his former security chief talks to cbs news. >> california gas prices don't soar plus the simple switch your phone company will not do to prevent theft. >> we begin this morning with today's "eye opener," your world in 90 seconds. >>> we're going to win florida, we'll take back the white house. >> mitt romney rides new momentum into the swing state. >> romney delivers a major foreign policy speech in virginia today. >> the obama campaign feeling new pressure. >> everybody here is incredible professionals, they just performed flaw lesley night after night. i can't say the same. >> is there anything more than joe biden thinking it's up to him to get the lead back? >> relief may be days away for california drivers who are suffering through the highest gasoline prices in the nation. >> they are keeping me at home. >> 91 cases of fungal meningiti
welcome to cbs "this morning." with just a month to go until election day a new poll shows the presidential race is tied. >> could ambassador chris stevens murder be prevented. his former security chief talks to cbs news. >> california gas prices don't soar plus the simple switch your phone company will not do to prevent theft. >> we begin this morning with today's "eye opener," your world in 90 seconds. >>> we're going to win florida, we'll take...
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Oct 12, 2012
10/12
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welcome to cbs "this morning." joe biden and paul ryan lock horns in a tense vice presidential debate. >> we'll get comments from both sides of the aisle. >> "endeavour" is making its way through the streets of angeles. we begin this morning with today's "eye opener," your world in 90 seconds. >>> with all due respect that's a bunch of malarky. first of all i will be very specific. >> the candidates clash at the vice presidential debate. >> i know you're under a lot of duress to make up for lost ground. but i think it will be better served if weon't keep interrupting up each other. >> smirking. laughing. i thought it was rude. >> paul ryan had a solid performance. >> thought in terms of who dominated the debate joe biden dominated. >> the key to winning one of these debates is to lower expectations about your speaking skills and joe biden has been doing that for four years. >>> the retired space shuttle with "endeavour" is home. >> the nobel peace prize is to be awarded to the european union. >> things got out of h
welcome to cbs "this morning." joe biden and paul ryan lock horns in a tense vice presidential debate. >> we'll get comments from both sides of the aisle. >> "endeavour" is making its way through the streets of angeles. we begin this morning with today's "eye opener," your world in 90 seconds. >>> with all due respect that's a bunch of malarky. first of all i will be very specific. >> the candidates clash at the vice presidential debate....
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Oct 10, 2012
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we'll see how it goes. >>> cbs this morning is next. they'll have more on tomorrow's vice presidential debate. >> howard and i will be back in just 25 minutes with a live update on traffic and weather. >>> while at work today or the nats game, get updates on news, weather and traffic by visiting us at wusa9.com. >>> the game is sold out but 9:00 a.m. they do have some standing only tickets. we'll see you back here tomorrow morning at 4:25. go nats!
we'll see how it goes. >>> cbs this morning is next. they'll have more on tomorrow's vice presidential debate. >> howard and i will be back in just 25 minutes with a live update on traffic and weather. >>> while at work today or the nats game, get updates on news, weather and traffic by visiting us at wusa9.com. >>> the game is sold out but 9:00 a.m. they do have some standing only tickets. we'll see you back here tomorrow morning at 4:25. go nats!
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Oct 9, 2012
10/12
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susan, cbs news, columbus, ohio. >> and by the way, ohio voters have accurately picked the winning presidential candidate in the last 12 elections. derek. >>> coming up, sky dive aboarded. find out why an extreme athlete cancels that effort and he does it at the last second. >>> we are tracking another cold front. we'll tell you what that means for your morning commute and the nats game tomorrow afternoon. >>> and i'm scott broom live in montgomery county. investigating the tragic death of a mentally ill man after he was hit by police pepper spray and why neighbors are asking questions about the group home where he lived. >>> that man who died after being pepper sprayed by police in montgomery county yesterday, turns out he was a mentally ill resident of a group home. >> tonight, neighbors of the group home say the tragic incident is just the last straw. they say two such homes in the neighborhood on taylor shop place are a problem that need to be addressed. scott broom is live in montgomery county with more. scott. >> well, first let's do the investigation police are conducting after this trag
susan, cbs news, columbus, ohio. >> and by the way, ohio voters have accurately picked the winning presidential candidate in the last 12 elections. derek. >>> coming up, sky dive aboarded. find out why an extreme athlete cancels that effort and he does it at the last second. >>> we are tracking another cold front. we'll tell you what that means for your morning commute and the nats game tomorrow afternoon. >>> and i'm scott broom live in montgomery county....
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Oct 10, 2012
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teresa garcia, cbs news. >> there is now congressional pressure to get more oversight. lawmakers from both parties in both houses of congress are calling for briefings to investigate tighter drug safety regulations. >>> 5:20. let's take another look at the question of the morning. "u.s.a. today" says 3% -- just 3% of americans will admit to eating here. is it a, on the floor, b, in the tub, or c, in bed. >> this response was posted on the wusa9 facebook fan page by jennifer morgan. she writes i've been guilty of all three. >> log on total facebook fan page and leave your response. we'll let you know what the answer is in about an hour or so >>> 5:24. we have an interesting thick going on this morning. you wear something light, moderate. out west we have temps in the low to mid-40s so probably a heavier jacket. we're in the upper 50s now. a light jacket. that's all you're going to need. don't worry about the green. this is spotty drizzle more so than showers. by 9:00 we're near 6 # degrees. warming up to near 50 in the shenandoah valley. more sunshine is coming out. it's
teresa garcia, cbs news. >> there is now congressional pressure to get more oversight. lawmakers from both parties in both houses of congress are calling for briefings to investigate tighter drug safety regulations. >>> 5:20. let's take another look at the question of the morning. "u.s.a. today" says 3% -- just 3% of americans will admit to eating here. is it a, on the floor, b, in the tub, or c, in bed. >> this response was posted on the wusa9 facebook fan page...